Stats week: Looking at the bigger picture
Thursday, 11th June
Each month we have a week where all the real estate housing stats come out telling us how the market is going.
The past six days have seen three releases; firstly Barfoot & Thompson�s numbers for the Auckland market, followed by QV�s, then lastly the Real Estate Institute�s.
It�s fascinating to see the reaction to the numbers. As a general rule of thumb they are portrayed in a dark light.
Generally B&T and REINZ always try to put a positive spin on their numbers, while QV is straight down the line.
I wanted to take a bit of a bigger picture look at the numbers, and my conclusion is yes, the rate of growth is slowing, but it ain�t all that bad.
Finish reading my blog
here and leave your comments.
Warm regards
The Landlord
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